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REGISTERED NUMBER: 04231694















Financial Statements for the Year Ended 30 June 2023

for

ORM Properties UK Ltd

ORM Properties UK Ltd (Registered number: 04231694)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ORM Properties UK Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: M Rahman





REGISTERED OFFICE: 11a Empire Parade
Empire Way
Wembley
Middlesex
HA9 0RQ





REGISTERED NUMBER: 04231694





ACCOUNTANTS: AS Associates
Chartered Certified Accountants
11A Empire Parade
Empire Way
Wembley
Middlesex
HA9 0RQ

ORM Properties UK Ltd (Registered number: 04231694)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 456,522 456,522

CURRENT ASSETS
Debtors 5 29,549 17,049
Cash at bank and in hand 35,933 51,527
65,482 68,576
CREDITORS
Amounts falling due within one year 6 20,998 15,664
NET CURRENT ASSETS 44,484 52,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,006

509,434

CREDITORS
Amounts falling due after more than one
year

7

271,236

290,921
NET ASSETS 229,770 218,513

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 229,670 218,413
SHAREHOLDERS' FUNDS 229,770 218,513

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ORM Properties UK Ltd (Registered number: 04231694)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2024 and were signed by:





M Rahman - Director


ORM Properties UK Ltd (Registered number: 04231694)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

ORM Properties UK Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

ORM Properties UK Ltd (Registered number: 04231694)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 July 2022
and 30 June 2023 456,522 5,474 461,996
DEPRECIATION
At 1 July 2022
and 30 June 2023 - 5,474 5,474
NET BOOK VALUE
At 30 June 2023 456,522 - 456,522
At 30 June 2022 456,522 - 456,522

Cost or valuation at 30 June 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2013 418,321 5,474 423,795
Valuation in 2014 38,201 - 38,201
456,522 5,474 461,996

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 29,549 17,049

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 2,640 3,668
Other creditors 18,358 11,996
20,998 15,664

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 271,236 290,921

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 241,593 252,349

ORM Properties UK Ltd (Registered number: 04231694)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

30.6.23 30.6.22
£    £   
Bank loans 271,236 290,921

This loan is secured against the freehold property 59 Sidcup High Street.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
100 Ordinary Share Capital 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 July 2022 218,413
Profit for the year 11,257
At 30 June 2023 229,670